The Fed chairman is worried about Europe and the 'fiscal cliff' but avoids saying how the central bank may boost the economy. Mattel and Coca-Cola lead a rebound from an early pullback. Intel shares rise on 2nd-quarter results. Crude oil rises.
Crude oil tops $101, and gold and silver push higher. Netflix leads the Nasdaq. Rising costs hit shares of Polo Ralph Lauren and Costco. Whlle home prices fall, a government report says, Pittsburgh prices hold their own.
Even though profit is up 18%, shares are down as the company comes in just below what analysts hoped to see. With video.
The Dow dips 31 as investors don't commit much to the market before Friday's big jobs report. Gold hits a new high. Energy stocks move higher with oil prices. Corn and wheat prices jump. Berkshire Hathaway falls on Sokol resignation.
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MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
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